Broadcom shares surge on earnings beat, increased demand for AI products
Publishing timestamp: 2024-06-13 13:49:01
Summary
Broadcom shares surged after beating earnings and revenue estimates for the second quarter, with analysts considering it a top AI pick due to its growth potential in custom AI chips. The company also announced a 10-for-1 stock split.
Sentiment: POSITIVE
Keywords: media, broadcom inc, artificial intelligence, breaking news: technology, earnings, nvidia corp, business news, breaking news: business, technology,